Chinese stocks broke a streak of downward pressure, but property developers face a troubled economy where 'only the fittest can survive.' ... ( read original story ...)
Hong Kong’s Hang Seng rises 2%, leads Asia markets higher after Powell’s inflation comments
Investors are digesting more hawkish comments from Powell as well as Chinese inflation data for August, which came in lower than July. ( read original story ...)
Exclusive-China EV Maker Leapmotor Puts off $1.5 Billion Hong Kong IPO -Sources
HONG KONG (Reuters) -Chinese electric vehicle maker Zhejiang Leapmotor Technology has shelved a plan to raise $1.5 billion through an initial public offering (IPO) in Hong Kong because of lukewarm ... ( read original story ...)
Hong Kong stocks begin slightly higher
Hong Kong stocks edged up in the first few minutes of business on Friday following an advance on Wall Street as traders prepare for further central ... ( read original story ...)
China Aviation Lithium Battery wins Hong Kong bourse approval for US$2 billion IPO
China Aviation Lithium Battery (CALB), the country’s third-largest electric vehicle (EV) battery maker, won approval from the Hong Kong stock exchange’s listing committee on Thursday for a share sale ... ( read original story ...)
Principal weighs selling Hong Kong pension business
Principal Financial Group is considering selling its pension fund business in Hong Kong — a move that would help streamline its portfolio. ( read original story ...)
China Evergrande lenders appoint receiver to seize Hong Kong headquarters – sources
Lenders of struggling Chinese developer Evergrande Group have appointed a receiver this week to seize its Hong Kong headquarters, two sources said, as the world's most indebted developer struggles to ... ( read original story ...)
Global shares rise as investors watch for central bank moves
Global stock benchmarks mostly rose Thursday as investors closely watched a European central bank meeting and sought to juggle concerns about inflation and recession. France's CAC 40 rose 0.1% to ... ( read original story ...)
Hong Kong lawmakers, brokers support bill paving the way for mainland Chinese investors to trade yuan-denominated stocks in city
Financial Secretary Paul Chan disclosed the plan to introduce a 'one stock, two currencies' option in his blog last weekend The daily turnover on the southbound link of the Stock Connect averaged US$5 ... ( read original story ...)
Hong Kong stock market outranks US peers as top bet, HKIFA survey shows
... Cha Shih May-lung on Wednesday said that opportunities in the Greater Bay Area can help Hong Kong to beat Singapore. Separately, Secretary for Financial Services and the Treasury Christopher Hui ... ( read original story ...)
Tencent-Backed Weilong Weighs Hong Kong IPO Launch Next Month
Chinese snack maker Weilong Delicious Global Holdings Ltd. is weighing kicking off its long-awaited Hong Kong initial public offering, which could raise about $500 million, as soon as October, ... ( read original story ...)
Principal Weighs Selling Hong Kong Pension Business, Sources Say
Principal Financial Group Inc. is considering selling its pension fund business in Hong Kong, people familiar with the matter said, a move that would help the US financial services firm streamline its ... ( read original story ...)
Tencent Stake Worth $7.6 Billion Appears in Hong Kong Clearing System
Tencent Holdings Ltd. shares worth $7.6 billion appeared in Hong Kong’s clearing and settlement system, spurring speculation that a large stakeholder is gearing up to offload more shares. Most Read ... ( read original story ...)
Mainland Market Gets Its Growth Stock On
Asian equities had an off day except for China, Malaysia, and Thailand as the Asian currency index posted another 52-week low versus the US dollar. ( read original story ...)